Integrating environmental and world-systems analyses in chapters ranging from the ancient to the contemporary, from the global to the local, from West to East, and from North to South, this book is the first collection to analyze environmental issues from the world-systems perspective. The introduction provides Immanuel Wallerstein's fullest explication of the role of ecological constraints in the world-system. Early chapters diagnose the increasing environmental threats to global sustainability and suggest ways to arrive at an integrated theoretical understanding of those threats. The work then shows the historical and geographical range necessary to do justice to ecological considerations in chapters considering ancient civilizations, capitalism, the circumpolar North, the dam-builders of Asia, and the polluters of East Central Europe. The final chapters analyze the successes and limits of environmental movements in the United States, South Africa, and South Korea.

Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the revealed-preference' methods that economists have historically employed to estimate economic values. Why depart from well-established revealed-preference procedures and apply a stated-preference' method like CVM? For nonmarket goods and services, revealed-preference methods have two shortcomings that those applying CVM hope to avoid. First, revealed-preference methods involve econometric problems that have yet to be fully overcome. The second shortcoming of revealed-preference methods is that such methods, when applied to environmental amenities, are likely to be only partial measures of value. Given the tremendous interest that exists in economic values and the limitations of revealed-preference methods, it is not surprising that interest in CVM has grown rapidly. Environmental Resource Valuation reviews the application of CVM and compares American experiences in nonmarket evaluation with those in other countries.

This book explores a series of connected themes focused on the role economics and other influential forms of theory and thinking have played in creating the current predicament and the scope for alternatives and how they might be framed. Thirty years have passed since the inception of the United Nations Framework Convention on Climate Change (UNFCCC) and the beginning of policy on climate change. Thirty wasted years. To most politicians, long-term collective interest has been denominated in meaningless units of time, a never and forever that has continually delayed action. From complacency has come potential disaster, and we are now living in a time of climate emergency and ecological breakdown. The next decade is a pivotal period requiring fundamental change. But numerous impediments remain. Continual material, energy and economic growth on a planetary scale are manifestly impossible, and yet economic theory takes these as a given and political leadership and policy seem unwilling to accept brute reality. Instead, they offer a series of implausible commitments and pledges rooted in technofixes, without addressing the fundamental drivers of the problems the world faces. The edited volume explores the issues and offers a variety of ways to think through the problems at hand, from postgrowth, degrowth and social ecological economics to policy assemblage and transversalism. The chapters in this book were originally published in the journal Globalizations.

'Sustainability Analysis' provides a detailed exploration of current environmental thinking from a variety of perspectives, including institutional and psychological angles. Primarily focusing on macroeconomic policies and green national accounting, this book provides a strong basis for further study in sustainable development.

This book develops a new theory of "identity" ecological modernization (EM), to analyze renewable history and policy development in many of the world's states, which are leading the drive to install renewable energy. "Identity EM" concerns how an industry has arisen allied to environmental NGOs to challenge the ascendancy of conventional energy technologies.

Cost-benefit analysis - the formal estimating and weighing of the costs and benefits of policy alternatives - is a standard tool for governments in advanced economies. Through decades of research and innovation, institutions have developed in the United States, European Union, and other developed countries that examine and weigh policy alternatives as an aid to governmental decisionmaking. Lawmakers in the advanced economies have used cost-benefit analysis to evaluate core environmental and public health questions, such as urban air pollution control, water quality, and occupational safety. Yet despite its broad adoption in the industrialized world, most developing and emerging countries have not yet incorporated cost-benefit analysis into their policymaking process. Because these countries face significant limitations on financial resources and have less ability to shoulder inefficient rules, it is extremely important for their officials to determine which policies maximize net benefits for their societies. Cost-Benefit Analysis, Environmental Policy, and Emerging Economies examines how cost-benefit analysis can help developing and emerging countries confront the next generation of environmental and public-health challenges. Analysis in the book examines the growing reach of cost-benefit analysis; presents relevant case studies where cost-benefit analysis has been incorporated in the Americas, Africa, Middle East, and Asia; and includes a discussion on the conceptual and institutional issues that must be addressed when adopting cost-benefit analysis in developing and emerging countries. In part because governments in developing and emerging countries have not extensively used cost-benefit analysis, there has been only limited research and discussion of the practice and its potential. Most work that has been done is on the domestic or regional level, and has not been widely shared or distributed within the international academic or policy community. By providing both theoretical and practical discussion of this important new tool, this book makes a valuable contribution to the fields of environmental policy, development studies, and environmental law.

This book looks at how the benefits of economic development in the Great Lakes Region of Africa are not being equally distributed. It studies the impact of the increasing scramble for natural resources upon local livelihoods and considers the ambiguities that characterise the relationship between mining and development.

The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. Yet the models used to derive those estimates are based on assumptions that have largely gone untested. The conventional approach embodies structural features that rule out alternative market outcomes. In addition, the distribution of "climate rights" is crucial to determining the economic affects of various policies. Bringing these considerations to the forefront shows how domestic and international policy solutions might be found.

Capitalism and its Critics offers an accessible account of major theories of capitalism from the industrial revolution to the present day. The book provides a comprehensive account of the economic and social thought of key theorists from Adam Smith and Karl Marx to David Harvey and Thomas Piketty. Capitalism has long been the subject of passionate debate, and today such contestations are perhaps more timely than ever. For its advocates, capitalism brings democracy and freedom and is the cornerstone of modernity and of progress. For its critics, capitalism is based on the exploitation of labour and is responsible for the destruction of the environment as well as colonialism. Whether capitalism survives the century, or whether an alternative social system emerges, may very well determine the fate of humanity. Capitalism and its Critics gives a comprehensive critical analysis of the most important theorists of capitalism, including Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, Karl Polanyi, F.A. Hayek, J.M. Keynes, David Harvey, and Thomas Piketty. The book discusses some of the main debates about capitalism and considers alternatives in the twenty-first century. The 12 chapters are loosely chronologically organised around the main approaches and historical phases in the history of capitalism. Central themes of the book are the ideas of capitalist crisis and of tensions between democracy and capitalism in the making of modernity. A highly readable, informative and engaging text, Capitalism and its Critics is essential reading for anyone interested in understanding capitalism and its alternatives.

This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. This book focuses on the EU ETS, the European Union Emissions Trading Scheme, backbone of the European Union strategy to combat climate change, and its industry competitiveness implications. In the light of the discussion of the revision for the coming years, it aims to provide a toolbox of key elements to understand its functioning and to reflect on crucial improvements. Specifically, besides a general overview of the first phases of the scheme and current difficulties, the book aims to (i) deploy an energy-intensive, sector-level analysis, with both reference to academic literature (ex ante and ex post studies, paying special attention to the underlying assumptions) and stakeholders positions on the carbon leakage issue; (ii) present an overview of the existing ETS policy measures and worldwide experiences; (iii) reflect on the ongoing reform for the post-2020 period, starting from the European Commission's proposal and entering the technical and political debate taking place within the European institutions. "The EU ETS and the European industry competitiveness" provides the reader with a full understanding of the system, presenting problems, policy options, design aspects and global insights. It aims to identify potential improvements and to draw lessons for the coming years and the future phases, assessing if the current reform is actually on track to adequately protect business competitiveness.

Few policy areas in recent history have the attention of the Australian public and polity as much as those relating to water. Water Policy in Australia considers the current policy reform agenda from agricultural, environmental, and cultural perspectives. It presents a comprehensive account of the country's critical water issues and provides expert perspectives from behavioral and institutional economists, engineers, hydrologists, sociologists, and water law specialists. norms, and values relating to the exploitation of water resources. Until the 1980s, the engineer was king, and policymakers viewed water as an endless resource for driving economic growth. However, in the last twenty years, policymakers have been forced to acknowledge that it is not possible to perpetually supply more water at a low cost. Consequently, the country has begun to focus on water resource management through legislative and institutional change - attempting to allocate water in a more economically efficient and socially and environmentally acceptable manner. institutional change, as well as valuable lessons on the design of property rights for complex resources. The editor and contributors look beyond recent reform efforts and address the hydrological, biophysical, economic, and social factors at play in Australia. The book addresses pertinent issues, such as irrigation in the Murray-Darling basin, one of Australia's largest drainage divisions; the progression from common law riparian rights to share-based entitlements that encourage sustainable water use; and the potential outcomes of the recent National Water Initiative, a wide-ranging strategy to improve water management and simultaneously maintain healthy groundwater and river systems.

The conservation of biodiversity is now big business. Whether called conservation banking, species banking, habitat banking, biodiversity banking, biodiversity offsets, compensatory mitigation or ecological footprint offsetting, the idea of financially valuing biodiversity and using the market and businesses to promote conservation is growing rapidly. This handbook is an essential and comprehensive guide to conservation banking explaining what it is, and how it works. The book covers the origins of conservation banking, the pros and cons of this approach to conservation, how conservation banking works in reality, the legal, practical and financial aspects of setting up and running a conservation bank and how 'biodiversity off-sets' can be internationalized. Authored by leading experts in the field of ecosystem markets, the book provides practical guidance, tools, case studies, analysis and insights into conservation banking in the United States, its 'biodiversity banking' namesake in Australia and other similar approaches internationally.

The last decade has seen increasing awareness of the importance of understanding corporate environmental management systems (EMSs) and their relationships with sustainability, competitiveness and institutional practice. It is now assumed that most large companies have some version of an EMS in place with systems ranging from informal policies and practices to formalised third-party certified systems that are widely publicized by companies and are now integral to their strategic direction. No matter what level and type of system a firm chooses, both practitioners and researchers wish to examine and better understand the extent to which these systems are cross-functional, how they impact on performance evaluation, their capability to monitor supply chains and the life-cycles of products and services and, most importantly, whether these systems actually make a contribution to better environmental performance. This book provides intriguing insights into strategic and sustainable EMSs. It provides clear evidence of benefits that should exceed the costs (tangible and otherwise), and help practitioners understand the attributes of well-developed and strategically focused EMSs. It also demonstrates the link to performance measures such as reputation, improved position in the marketplace, cost, quality, waste reduction and numerous sustainable development-based metrics and issues. The comprehensive scope of topics spans several industries and provides environmental systems insight involving sustainable management systems, strategic and operational impacts of environmental systems, cross-country comparisons of EMS design processes and results, product-based environmental systems, EMS impacts at innovative organisations and environmental systems integration within specific industries. The book is split into three sections. First, the book covers the broad issues of planning and designing an EMS and includes topics such as performance evaluation, comparisons between multinational environmental systems, sustainable development and links between already established quality systems and an EMS. The second section focuses on EMS implementation and operation and incorporates some corporate or industry-specific case studies. The third and final category of the book highlights the use of an EMS to evaluate business processes. Strategic Sustainability will be essential reading for both managers faced with decisions regarding their own EMSs and to researchers seeking additional insights from state-of-the-art examples for further theoretical development and testing.

The literature and research on environmental and resource economics has exploded in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The Yearbook includes contributions on: * climate change policy * general equilibrium models in environmental and resource economics * hedonic property value techniques for policy and litigation * progress and problems in the economics of sustainability * valuing the health effects of pollution * the economics of carbon sequestration in agricultural soils * tradable permits for air quality * linking environmental ethics and environmental policy.

This is a thorough revision of the 2007 publication, and includes five new chapters and brings all existing chapters completely up to date. There have been many advances in hydropower and renewable technologies since the original publication, and Europe, and particularly Scandinavia, plan many more in the coming years. From a review of the original edition: "... it is important to note that the author deals well with his selected topics. ... I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces, Vol. 39 (1), January-February, 2009)

This manual offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; health care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to, demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting, and natural resource damage assessment. Compiled by the leading experts in the field, this manual starts by explaining the concepts. It shows how to choose the most appropriate technique and how to design the questionnaires. Detailed advice on econometric analysis is provided, as well as explanation of the pitfalls that need to be avoided.

In recent years, analysts, researchers and environmental policy makers have been faced with a serious shortage of empirical data on environmental phenomena. In fact, the information gathered by various organisations has not yet been systematically classified into a consistent system of accounts. This book presents the results of a joint research effort by the Fondazione Eni Enrico Mattei and Italy's Central Statistical Office (ISTAT) to design a system of accounts for natural and environmental resources. The resulting environmental accounts can be integrated with the existing system of national accounts, in order to estimate the so-called green GDP' or net national product' (NNP).

Tourism and the social organization of leisure cause environmental problems for coastal communities which depend on tourism for their economic survival. Global-local linkages and power relations in the global political economy are directly responsible for many of the difficulties currently experienced by these remote areas. Drawing on research from the disciplines of global political economy, global environmental politics and political ecology, this book analyzes the consequences that social and economic policies in global institutions and industrialized countries have on particular locales, outside the centre. Focussing on the underlying structures of the political economy and its social and environmental consequences, Kutting shows that global linkages can have dramatically different results even in supposedly similar situations. Not only does this illustrate the importance of historical and socio-structural factors, but it also demonstrates how environmental values can be more significant than environmental law.

Choice Experiments in Developing Countries is an invaluable one-stop presentation of the best-practice case studies implementing the choice experiment method in developing countries. It highlights the theoretical and practical issues that should be taken into consideration when applying this method in a developing country context.The expert contributors gather recent state-of-the-art choice experiment studies undertaken in several developing countries, in Africa, Asia, Latin America and the Caribbean. These focus on a variety of environmental and agricultural issues, underlining the versatility of this method in valuing a wide array of interventions (for example policies, public and private services, new technologies) and emphasizing the value of the method in informing efficient, effective and equitable policies for sustainable economic development.This work will be of great interest to academics and researchers of environmental economics, agricultural and resource economics, development, environmental management and planning, as well as national and international development agencies and NGOs. Civil servants and policymakers in developing countries will find the work and recommendations within this book engaging and inspirational.

Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative. The book tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Many reasons for questioning growth are given based on an extensive review of the data as well as on conceptual and methodological considerations. The experience of growth in several countries is documented, compared and found wanting. Possibilities for managing without growth in high income economies are simulated with a new, comprehensive systems model with many novel features. Three 50 year scenarios are compared: a base case, an ambitious greenhouse gas reduction scenario, and a sustainable prosperity scenario with broader environmental objectives, reduced income inequality, shorter working hours and the cessation of economic growth. The book closes with a review of policies to make this scenario a reality. This updated book is a valuable resource for a broad academic audience, including students and researchers in economics, environmental studies, environmental science, business studies, and geography, as well as social justice groups and NGOs concerned with the environment, inequality and employment.

Students in Technical and Agricultural faculties spend only a limited amount of time on general economics, environmental economics and resource economics. However, while their knowledge of economics may be limited, they often have adequate mathematical skills. The objective of The Economic Metabolism, therefore, is to present these three branches of economics in an integrated, mathematically oriented way, so that the subjects can be taught together, without losing time on separate economics courses. While the approach adopted is mathematical, the mathematics used is certainly not too difficult for the target group: university students in technical and/or agricultural faculties will be used to far more difficult mathematics. After studying the book, the basic/intermediate level student should be able to understand the basic principles of economics, especially microeconomics; understand the economic principles of environmental policy; understand the economic principles of resource extraction; apply the standards for efficiency and sustainability; and apply the theory to practical problems.

The dilemma facing Cyprus--that of limited water supplies (both in terms of quantity and quality) in the face of steadily increasing water demand, coupled with a fragmented institutional structure of the water sector--is characteristic of most arid and semi-arid countries all over the world. Another common characteristic of Cyprus is that the water management administrative boundaries there do not coincide with the hydrological ones, while the ongoing political problem of the island creates significant administration problems.

The purpose of this research has been to explore the relationship between energy resource development and economic development in India. The thesis which evolved from the research is that energy resource development has lagged behind and constrained economic development in India. Inadequate attention has been paid to developing the power sector, and the petroleum sector is just beginning to be developed. This research consists of an analysis of energy supply covering each of the major energy resources. Using information from India's five year plans, the history of energy re source development was compiled by energy sector. A comprehensive eva luation ofIndia's current position with respect to energy resources was under taken to provide a perspective on future development possibilities. Alternative policy options were presented in the analysis of each energy re source. These options were considered in providing a set of overall policy suggestions for development of energy supplies in India. Dedication This volume is dedicated to my wonderful wife, Jean, who patiently endured the weeks, months and years it took to complete. No words can express my feelings for her and the sacrifices she has made, but this token gesture is the least I can do. Acknowledgements This research was done under the supervision of Professor John Adams."

The genesis of this conference was on a quay of the port of Bergen in March 1985. Ragnar Amason suggested to Phil Neher a small, mid-Atlantic conference on recent developments in fishery management. In the event, more than twenty papers were scheduled and over one hundred and fifty conferees were registered. Logistical complications were sorted through for a summer 1988 conference in Iceland. The really innovative management programs were in the South Pacific; Aus tralia and New Zealand had introduced Individual Transferable Quotas (ITQs); and Iceland, Norway and Canada were also experimenting with quotas. It seemed to the program committee (Rognvaldur Hannesson and Geoffrey Waugh were soon on board) that these quotas had more or less characteristics of property rights. Property rights were also taking other forms in other places (time and area licenses, restrictive licensing of vessels and gear, traditional use rights). The idea of rights based fishing became the theme of the conference."

Ecology has become an integral part of the strategic context in which corporations operate. This book examines fully the strategic issues, concepts and tools which managers must understand to sustain their own business competitiveness as society evolves toward a new definition of progress. In addition, it is argued that strategic environmental management provides an excellent learning context for the development of more general competitive capabilities.